Research on Cost Management of Haier Smart Home

Abstract

With the accelerating pace of economic globalization and the continuous improvement of China's economic development level, the emergence of new technologies such as big data and artificial intelligence has also brought new growth impetus to the home appliance industry. The traditional cost management methods in the past can no longer meet the requirements of the development of home appliance enterprises in the new era. Enterprises urgently need to make corresponding adjustments based on the existing problems in cost management at present. Cost management, as a crucial factor influencing the survival and development of an enterprise, home appliance enterprises must enhance their cost management in order to improve their competitiveness and remain invincible in the tide of The Times. Facing the complex and ever-changing market environment, the competition among home appliance enterprises is becoming increasingly fierce. However, many home appliance enterprises have numerous problems in cost management. Taking Haier Smart Home as an example, based on the overview of relevant theories of cost management, this article analyzes the current situation of cost management of Haier Smart Home, explores the problems existing in its cost management process, and proposes corresponding improvement measures. In order to provide some references for other home appliance enterprises, so as to find cost management methods that are more in line with the development situation of the enterprises themselves, and help the enterprises achieve better development in the highly changing market.